🔴WATCH LIVE: Jerome Powell Speaks, FOMC Press Conference | May 1st, 2024

Markets brace for a potentially hawkish Fed stance at the May meeting, with Powell further dashing hopes of rate cuts. Recent data shows persistent inflation, challenging the Fed's target. Analysts expect cautious policy adjustments. Jerome Powell, the head of the Federal Reserve, will be speaking at 2:30 p.m. ET. We'll be live blogging the event, so be sure to check back for all the latest information! FIND MORE COVERAGE HERE: Is Hawkish Shift On Inflation Imminent? Wall Street Analysts, Traders Brace For Fed Impact - https://www.benzinga.com/general/macro-notification/24/04/38526201/is-hawkish-shift-on-inflation-imminent-wall-street-analysts-traders-brace-for-fed-impa Follow us on socials: Instagram: www.instagram.com/benzinga Facebook: www.facebook.com/Benzinga TikTok: www.tiktok.com/@benzinga X: twitter.com/Benzinga Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions. #FOMC #FederalReserve #JeromePowell